SBI MF among 6 IPOs on investors' radar this week.

GMPs indicate listing gains up to 118% Written by Akash Podishetti , ETMarkets.com| Jul 12, 2026, 11:12:16 AM IST 1/7 IPO frenzy India's IPO market will stay busy next week, with 5 issues on investors' watchlist across mainboard and SME segments.

Grey market trends show strong interest in select names, with Millworks Technologies commanding the highest GMP, indicating possible listing gains of nearly 118%.

Among the five IPOs, SBI MF, Alpine Textiles and Millworks will launch their issues, while the other three public offers have already opened and will list during the week.

ETMarkets.com 2/7 SBI Funds Management IPO SBI Funds Management is the biggest mainboard IPO on the list, with a price of Rs 574 per share.

The stock is commanding a GMP of Rs 88, indicating a possible listing gain of 15.33%.

ETMarkets.com 3/7 Alpine Texworld IPO Alpine Texworld will open for subscription on July 14 and close on July 16, with a price of Rs 105 per share and an issue size of Rs 126.25 crore.

Its GMP is Rs 2, suggesting a modest listing gain of 1.90%.

ETMarkets.com 4/7 Millworks Technologies IPO Millworks Technologies is drawing the strongest grey market interest among the upcoming issues.

The BSE SME IPO has a GMP of Rs 390 against an issue price of Rs 331, indicating a possible listing gain of nearly 118%.

ETMarkets.com 5/7 Laser Power and Infra IPO Laser Power and Infra is currently open for subscription and has seen 1.05 times subscription so far.

The IPO has a GMP of Rs 36.5 against an issue price of Rs 214, suggesting a possible listing gain of 17%.

ETMarkets.com 6/7 Devson Catalyst IPO Devson Catalyst will list on the exchange on July 16 and is boasting a GMP of 38% over the issue price.

ETMarkets.com 7/7 Happy Steels IPO Happy Steels will also debut on the exchange on July 16 and is boasting a GMP of 21% over the issue price.